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News Corp does not want more Internet
Rejects Yahoo
Rupert Murdoch's News Corp does not want any more Internet businesses and will not open talks with Yahoo.
A News Corp spokesman said that the company was not in deal talks with Yahoo, Microsoft or Time Warner AOL -- all outfits that Murdoch’s company has been linked with.
No one in News Corp has actually even spoken to Yahoo in a couple of weeks, which means that it is unlikely to be buying the company.